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The Future of Bitcoin after the Crisis

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The COVID-19 outbreak is still raging across the world. While the majority of people are unsettled by the fact that this pandemic has greatly disturbed their social plans, this new virus outbreak has done a lot more damage in a relatively short time.

As a matter of fact, the global pandemic has also affected the global economy and financial experts are genuinely worried about how the world will recover from this disaster. That said, we are still recovering from the 2008 global economic crisis.

Nevertheless, cryptocurrencies, more specifically Bitcoin, are once again in the center of attention of financial investors. However, there are two reasons why people are getting more interested.

They either want to liquidate their investments so that they can prepare for the upcoming financial crisis or they are looking to invest in digital assets that can prove to be a great hedge against the abovementioned crisis. With that in mind, here are a few things experts predict for the future of Bitcoin after the crisis is over.

Bitcoin safe haven

Experts argue whether or not Bitcoin is becoming a smart investment nowadays. A lot of financial experts claim that Bitcoin is no longer reliable and that it’s correlated with the stock market. Their argument is that Bitcoin experienced a severe price crash of 44% whereas the other top 10 cryptos on the market experienced a 30% price drop.

In fact, Bitcoin’s price in March 2020 went from $9,200 to $7,200, then it fell drastically to $3,800 before it soared again to the current $6,800.

However, this is nothing new for Bitcoin. Crypto experts suggest that this is proof that some investors liquidated their assets at the start of the global pandemic. High volatility is common for cryptos such as Bitcoin and we can see that despite the grim predictions, Bitcoin is, in fact, surviving the pandemic quite effectively.

Bitcoin still shows promise

One of the general characteristics used to best describe Bitcoin is that it’s highly unstable. Although that may be true, Bitcoin has managed to hold on to its value despite the oscillations of its market price.

The fact of the matter is that Bitcoin and other general cryptocurrencies are decentralized digital assets that aren’t affected by the happenings in the world that affect other financial institutions like the banks.

Investing in Bitcoin may, therefore, become more beneficial than investing in gold these days. Although it seems like a foolish idea to start investing in Bitcoin now, engaging in efficient Bitcoin mining may actually be a great opportunity to secure your assets through the upcoming financial situation.

Both gold and Bitcoins are finite resources; the only difference is that Bitcoin exists in the online world which is currently a coronavirus-free zone.

The potential of Bitcoin

It’s no secret that our financial systems are, indeed, fragile. The millennial generation has already seen just how fragile our economy is twice in their lifetimes. Being tech-savvy as they are, millennials will most likely drive the Bitcoin forward.

The system they inherited from their parents and other previous generations seems to be working no longer. Two economic collapses in twelve years are proof enough that the global financial system isn’t prepared to deal with scenarios such as a global pandemic. Millennials are, therefore, considering alternative ways to secure their financial future.

As mentioned before, cryptocurrencies like Bitcoin are still decentralized and free of government-imposed regulations which makes them unstable and volatile but also safe from issues that plague the global economy.

The blockchain technology that Bitcoin was founded on has the potential to redefine the financial system as we know it, with more beneficial implications in various industries. This will be up to younger generations to develop further.

A grim scenario

Not a single crisis can pass without at least one possible apocalyptic scenario. Although such cases are highly unlikely to happen, they aren’t all completely without merit, which makes them worth mentioning.

One such scenario suggests a push towards more authoritarian systems across various countries in the world. Others suggest an attempt towards creating a cashless society. There’s always politics involved somewhere in the background and one should not easily dismiss such claims.

Be that as it may, Bitcoin and other cryptos might be our saving grace if such allegations turn out to be true. If cash does, indeed, disappear, the only way to conduct peer-to-peer transactions without any middleman interfering will be through Bitcoin and other cryptos.

Therefore, even in a grim apocalyptic scenario that may befall us all, cryptocurrencies have a bright enough future. So far, the more likely outcome is that these more strict measures that are in place are designed to protect both human lives and the economy.

 

The future of Bitcoin has been argued about ever since it came out back in 2009. While some argued it is a scam, others saw vast potential in digital currencies. One thing is for sure, Bitcoin, alongside other cryptos, is here to stay even after this pandemic is finally over.

Elaine Bennett is a digital marketing specialist focused on helping startups and small businesses grow. Besides that, she's a regular contributor for Bizzmark Blog and writes hands-on articles about business and marketing, as it allows her to reach even more entrepreneurs and help them on their business journey.

Tech + Startups

The Blockchain School Partners with BlockConf.Digital to Reinforce Indian Blockchain Community.

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BlockConf Digital, Content-Driven Online Blockchain Conference of a New Format

The Blockchain community worldwide is preparing for a 48-hour non-stop online experience, the BlockConf Digital, which will open its doors on ​Monday, May 25, from 9 AM (GMT + 8).

BlockConf Digital is a joint effort between FAS | Fintech Advisory Services and STO Managers that seek to contribute a new tool to the digital transformation and growth of the blockchain industry worldwide.

The Blockchain School has partnered up with Block Conf to reinforce the Indian Blockchain community.

“Uncertainty is the reality of the moment and we are trying our best to bring right values to our trusted users and customers, partnership with BlockConf Digital was one of our efforts to bring this massive e-gathering of the blockchain community to our learners sitting at their homes.” — Saurabh Sharma (Founder, The Blockchain School)

The Blockchain School is a new age startup in the field of ed-tech. It was recently recognized as one of the “20 Most Promising Ed-tech Startups 2019” in an Annual Roll of Honor by CIO Review Magazine. We pride ourselves on our cutting-edge learning platform that focuses on offering the best in class services in the field of blockchain technology. The objective is to help the community understand, experiment, expand, and grow the applications of this innovative technology and the mission is to offer them an ecosystem that supports their vision. The Blockchain School is heading towards creating an Integrated Platform for e-learning, employment, and career solutions into blockchain technology.

The Blockchain School Courses have been designed in a way that even a person with little to no technical background can understand. This is the main motive of the Blockchain School to make Blockchain education available to everyone.

The Blockchain School released the courses in last quarter and has just surpassed 7000 active learners in April, with a total of 10,000+ enrolments, 20+ university partners, and 400,000+ total eye-balls on the project so far. The Blockchain School had an opportunity to shake hands with 17+ Global tech, crypto & blockchain conferences on media (w/techie scoops) and knowledge (w/the blockchain school), education fronts and the team is extensively working towards making education affordable and easily available and provide the learners & individuals with employability and freelance opportunities. The Blockchain School is now excited about this massive e-gathering of the Blockchain community.

BlockConf Digital prepared two stages with more than 100 invited speakers like Adam Back, Peter McCormack, David Chaum, Miko Matsumura, Juan Pablo Thieriot, Catalina Castro, Eddy Travia, among others, from companies like Kaspersky, RSK, Crypttp, Decred, Dash, Quantia, Money On Chain, Decrypto, Binance, Kraken, CoinGecko, UNICEF, Blockchain Valley Ventures, AVA Labs, and much more. Kaspersky, the innovative global cybersecurity company with 21 years in business and 400 million+ users protected, joined the conference as the main sponsor. The company has an ultimate solution for ​securing sustainable blockchain-based systems, ​Kaspersky Blockchain Security, ​that the team will present at the event.

Saurabh Sharma, the founder/CEO of The Blockchain School, is one of the speakers of the event, too, and will be conducting an exclusive workshop for the attendees. The workshop focuses on understanding the use cases for Blockchain as a technology rather than just a currency.

The conference gives participants a complete networking experience:

  • Virtual booths with video chats to e-meet with participating companies
  • VIP e-meeting rooms to schedule private meeting and exchange business cards
  • E-workshops to learn more about Blockchain
  • E-coffee break rooms to network with all attendees

BlockConf Digital will also host a ​Startup Demo Day for those companies who want to present their project to top-notch VC firms from the blockchain ecosystem. Startups can register for the Demo Day by contacting the event team at [email protected]

The virtual conference hall will be available to everyone for the Virtual Meetup to explore the platform and e-meet with ​RSK, Decred​, and ​Dash teams. Warm-up with BlockConf Digital at the Virtual BlockConf Meetup to get ready for the May 25.

E-see you at BlockConf Digital!
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Tech + Startups

Top 5 Industries That Use Robotic Arms For Accuracy And Precision

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TOP 5 INDUSTRIES THAT USE ROBOTIC ARMS FOR ACCURACY AND PRECISION

Accuracy is the base of quality. Keeping this mind, many industries pay special attention to the standards they set for their products. And Top 5 Industries That Use Robotic Arms For Accuracy And Precision to meet those standards, robotic manipulators are used.

What is a Robotic Manipulator

A robotic manipulator is a type of industrial robot that performs the functions of a human arm. Depending on its use, the manipulator can either be an independent device or be part of a more complex robotic system.

Benefits of using Robotic Manipulators

The popularity of robotic manipulators is growing every year for a reason. The use of industrial robotics in production can significantly facilitate human labor since robotic manipulators carry out work faster and better. Due to the use of high-quality gearboxes and induction motors, modern robotics practically does not require maintenance.

The main advantages of using robotic manipulators include:

  • Performance improvement. The robotic arm can function around the clock without downtime, which will significantly increase productivity;
  • Quality control. The robotic manipulators provide high-precision and accuracy; hence, they help companies to meet the set standards and deliver the quality they promise.
  • We are improving our economic performance. Robotics significantly reduces employee wage costs. When working on it, the presence of one operator is sufficient;

Security. Robotics is especially relevant when carrying out work in hazardous industries, where there is a negative impact on human health (for example, in the chemical industry). The robotic arms of the last generation are built in a special manner called collaborative. Such robotic manipulators have a complicated safety system that allows people to work with such robots shoulder by shoulder or, better to say, arm by the arm.

Scope of robotic manipulators

Because the level of automation has reached unprecedented heights, modern devices can completely replace a person providing high accuracy. They are designed to perform control and motor functions in complex production areas. One robot manipulator can replace the efforts of several dozen specialists, due to which many enterprises seek to automate their production. The capabilities of these devices allow their use in various industries. Today they are actively used in the following areas:

1. Automotive Industry

In the automotive industry, you paint ten cards of the same color? Or make multiple variables of the same product with the hand? I am sure you won’t be able to do that as there are chances of human error. And this is where the accuracy comes in. To manufacture hundreds and thousands of cars of the same model, the automotive industry requires high precision tools such as robotic manipulators. At the auto-plant, these manipulators perform many functions that require high-level precision and accuracy, such as laser cutting, engine casting, lifting heavy objects, welding, applying glue, injection molding, molding presses, painting, packaging and stacking lines. In addition to these, many manufacturers use robotic arms for assembling parts, screwdriver, marking, moving, and quality control.

2. Electronics Industry

The use of robots for the electronics industry is quite similar to that of the automotive industry. Robots here assemble machines keeping in view the exact place to fix parts and perform overall packaging of the devices. This is not only it. Adapting better to the manufacturing and assembly line’s possible needs, there are many other functions that these robots perform to streamline processes and reduce time. For example, we have compact six-axis robot manipulators working at many electronics production units. There these robots assemble a computer’s hard drive using interchangeable grippers. This is only one example. Robots perform many other roles, such as handling small, delicate parts with precision, dispensing, stamping, pressing, and etching.

3. Food and Agriculture

In the food and agriculture sectors, the use of robots is no exception. These are used throughout the chain, including the production, processing, and distribution phases. Some six degrees freedom robots with a camera and a robotic hand are even being used for harvesting. If we talk about the production phase, let’s not forget the trending robot cafés that work autonomously and prepare high-quality drinks with an accurate proportion of ingredients used. For packaging, the robotic manipulators carefully pick the items and pack these as per the guided instructions. And for the distribution, the robotic arm helps companies sort out food items and process these on the conveyer belts for further distribution.

For Agriculture, the role of robotic manipulation is not a simple matter. The first step is knowing where the fruit is to harvest. TOP 5 INDUSTRIES THAT USE ROBOTIC ARMS FOR ACCURACY AND PRECISION. This is a challenging phase as there is an environment that is not structured, and there are leaves, branches, and other elements that could hinder the work, for this task to be done correctly by a machine, an artificial vision system, or something equivalent that detects where that fruit is installed into the robot. After targeting the fruit to be picked, the next step for the robot is to decide how to pick it up. This includes the decision of selection position to enter this structure of leaves and branches.

Once this is done, the robot then picks the fruit up with a sure touch. As you can see, all these steps require some level of accuracy from the robots.

4. Chemical industry

Like many other sectors, the use of robotic manipulators in the chemical industry is no exception. Robots are used for a range of tasks, including drug discovery and automating experiments in which hazardous substances are used. Note that, to perform the tasks accurately, TOP 5 INDUSTRIES THAT USE ROBOTIC ARMS FOR ACCURACY, AND PRECISION robots are needed to mix the appropriate quantity of certain substances with care. Otherwise, the results will turn out to be a disaster.

5. Medicine and pharmaceuticals

Robots for the pharmaceutical industry have exceptional characteristics. These are used to meet industry sanitary specifications for accuracy, precision, and hygiene. Here the robotic manipulators perform repetitive but essential tasks on the production line, such as the classification of tablets, the filling of blister packs, the sealing, packaging, or labeling of boxes, among others. All these tasks require robots to be vigilant and accurate.

 Conclusion

Among their main functions for the medicine and pharmaceuticals, the ones that stand out are Pick and place, machinery supervision, and injection molding. Besides, they also offer lightness, flexibility, precision, and the ability to work with tiny parts or materials, as is usual in the pharmaceutical industry.

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Facebook Buys Giphy For Nearly Half A Billion Dollars

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Facebook has closed a deal to acquire the online GIF library and maker, Giphy, which powers the animated GIF inside of Facebook comment sections, Instagram stories, WhatsApp Messenger and many of its other apps.

“GIPHY, a leader in visual expression and creation, is joining the Facebook company today as part of the Instagram team. GIPHY makes everyday conversations more entertaining, and so we plan to further integrate their GIF library into Instagram and our other apps” said Vishal Shah, VP of Product, wrote in a press release announcing the acquisition. Facebook will allow much of Giphy’s operations to go unchanged according to Vishal. “We’ve used GIPHY’s API for years, not just in Instagram, but in the Facebook app, Messenger and WhatsApp. GIPHY will continue to operate its library (including its global content collection), and we’re looking forward to investing further in its technology and relationships with content and API partners. People will still be able to upload GIFs; developers and API partners will continue to have the same access to GIPHY’s APIs; and GIPHY’s creative community will still be able to create great content.”

According to Axios, Facebook paid a total of $400 million for Giphy and this isn’t the first time that Facebook has gone after Giphy either. Facebook unsuccessfully tried to buy the company back in 2015, but Giphy CEO Alex Chung rejected the offer. Nearly five yearly later it looks like Alex holding out was a good idea, with Zuckerberg paying significantly more this time around.

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